International Payments

  • Jack Harvey
Chapter

Abstract

Occasionally, international trade may take the form of a barter arrangement, one country agreeing to take so much of another country’s produce in exchange for so much of its own. Normally, however, exchanges are arranged by private traders who, according to relative prices, decide whether it is profitable to export and import goods.

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Copyright information

© J. Harvey 1991

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  • Jack Harvey

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